All articles by Subscriber-only – Page 300
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NewsRussia looks to generate $1bn revenues from yachting in the next few years
It might seem ambitious, but a mix of government incentives, restrictions on overseas vacations and an emerging middle class are fuelling potential
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NewsStrong 2018 for Dutch SY sector
Dutch superyacht yards delivered over €1.5bn worth of 30m-plus yachts to owners last year, with a further 60 superyachts in various stages of construction.
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Marginal gains for Russian marine market, but appetite for sail growing
Local yacht dealers and industry analysts are expecting modest growth at best for the Russian leisure marine sector in 2019, most likely achieving no more than 1% in value terms compared to 2018.
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NewsFinnish industry forecasting buoyant summer
Early onset of spring and last year’s warm boating season two underlying factors behind surge in market
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NewsCroatia risks shift in yacht tourism to Greece and Turkey as fees rise
Country watching to see if higher prices and fees are sending yachters to new locations
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NewsWestern Australia and Northern Territories vie for superyacht work
The success of superyachts cruising to the Kimberley area of northwest Australia is seeing an inter-state challenge develop between Western Australia (WA) and the Northern Territories (NT) to win the support and related opportunities of these visiting yachts.
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NewsSpanish recreational craft market posts best Q1 results in three years
Boat registrations up to 52ft make significant gains
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NewsBrexit brings growth to UK boating tourism
A new study reveals that boating tourism contributed over £6 billion to the UK economy in 2018
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NewsUS outboard engine sales reached a 12-year high in 2018
NMMA has released the first section of its annual statistical abstract detailing trends in the dynamic outboard segment
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NewsNorwegian boat imports continue to grow
The Norwegian market for pleasure boats is back with strong figures, according to trade organisation Norboat.
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NewsUS powerboat registrations up 4.6% in September
US registrations for new powerboats were up 4.6% in September on a rolling 12-month year-over-year basis (R12M YOY), according to preliminary data released today by the National Marine Manufacturers Association (NMMA). Source: Discover Boating, NMMA The seemingly unending appetite for ski and wakeboard boats, pontoon boats and ...
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Market Overview | Europe
Europe posted its fastest growth since 2007 as economic recovery consolidated and delivered real GDP growth of 2.6% in 2017. Against that backdrop, a return of consumer confidence and willingness to spend on discretionary items finally gave traditional boating markets in Europe the boost they needed to put boat sales ...
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Market Overview | Germany
Confidence in Germany’s marine leisure industry is high and builders’ order books are full, but changing boat usage, dated business models, and an ageing demographic present both challenges and opportunities
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Market Overview | France 2018
A favourable wind is blowing for the French nautical industry. The many signs of growth were underlined in the positive report given by Yves Lyon-Caen at the traditional press conference at the beginning of December just before the opening of the Paris Nautic Boatshow. “We are ...
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Deloitte report: Italian boatbuilders forecasting 13% gain for 2017 as part of higher global growth
The study expects 11% global growth of new-boat sales in 2017
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Article
Gavio Group completes acquisition of Bertram
The closing of the deal follows the agreement signed with Ferretti in February
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ReportMarket Overview | Italy
With 95% of boat production headed for the export market, Italy’s shipyards have been busy reinventing themselves. Most are courting the Americas and Asia for growth, and looking at non-Italian yards as their newest competitors
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Somali pirates escape death sentence in US yachtsmen case
Three pirates found guilty of murdering four US yachtsmen are given life sentences without parole
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Marine Group Boat Works buys former Knight & Carver facility
The US yacht repair and refit specialist purchased the site for US$3m
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